Market sentiment

Lendlease (ASX: LLC) strategically sells its US military housing business for $480 million, aiming to elevate FY25 taxable profits while refocusing on Australian operations amidst industry challenges and market uncertainties.

2024-07-01T07:00:47+0100

As NY #11 sugar is approaching its December low and May high resistance zone while remaining within its long-term downtrend, we would like to go short with a stop loss at 20.10, and a downside target in the 18.00 region.

2024-06-27T06:12:36+0100

EUR/USD seems to have resumed its medium-term uptrend with the $1.1000 region remaining in focus. We would thus like to go long EUR/USD around $1.0860 with a stop loss at $1.0803, marginally below last week’s low.

2024-05-29T01:58:07+0100

With US rate cut expectations and a weak jobs report driving the euro higher, the EUR/USD faces potential resistance despite retail traders' bullish sentiment.

2024-05-08T05:37:58+0100

DraftKings: accessing a premium valuation in the hospitality sector

2024-05-02T01:34:41+0100

AUD/USD rises on inflation optimism, testing resistance around 0.6502-0.6533 with sights on 0.6650. Meanwhile, AUD/JPY reaches a decade high, albeit in overbought territory, as market eyes Bank of Japan's next moves.

2024-04-26T06:21:13+0100

Australia's CPI exceeded expectations at 3.5%, suggesting the RBA might keep rates steady, pushing AUD/USD up amid risk-on sentiment and ahead of US data. AUD/NZD shows bullish potential above key supports.

2024-04-25T06:15:40+0100

Analysing IG client sentiment, we uncover bullish prospects in a bearish USD/JPY, GBP/JPY, and AUD/JPY market, highlighting the value of contrarian strategies in trading.

2024-04-03T05:09:17+0100